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Showing results for tags 's24'.
https://www.theguardian.com/money/2018/oct/16/taxes-buy-to-let-landlords-rents-generation-rent-buyers Warnings by landlords that taxes on buy-to-letwould cripple the property market, driving down supply and pushing up rents, have turned out to be entirely hollow, according to research by campaign group Generation Rent. It found that since the “bombshell” introduction of taxes on buy-to-let landlords in George Osborne’s 2015 budget, rents have fallen in real terms.
On the BTL scum regrouping thread I often see phrases such as this "If s24 goes through we will be forced to raise our rents by 10%." The obvious thing wrong with this is "forced". They will "choose" to put up rents rather than "choose" to absorb the cost or "choose" to sell their property There's another thing wrong though and that is the missing word "attempt". They will choose to attempt to raise rents by 10% They are forgetting of course that the tenants can always say "no". Last year there was an attempt to put up our rent by £50. My partner asked whether thi
Found this over on PT, have not had chance to research into the details yet but claim is that Ireland are repealing their version of S24 for landlords. http://www.propertytribes.com/ireland-axes-the-tenant-tax-in-2017-budget-t-127626759.html#pid267451
https://www.gov.uk/government/publications/budget-representations-guidance/guidance-for-submitting-your-budget-or-autumn-statement-representation Is it worth submitting something? If so does it make sense to submit similar proposals?